BERKELEY, Calif., Feb. 27, 2018 /PRNewswire/ — 300 Equity Group, a leading investment bank focused on technology companies, is pleased to announce that IO Informatics, Inc. has been acquired by Melissa Data Corp. Terms of the transaction were not disclosed.

IO Informatics has unique intellectual property, including semantic technology and software for the precision medicine space. The company helps clean, connect and integrate structured and unstructured data from sources like electronic medical records, clinical research trials and other specialized applications. This allows customers to then search the data for meaningful patterns and relationships. Ultimately, IO Informatics technology helps save lives by allowing healthcare companies, research institutions and drug companies to understand their patient and real world data at a molecular and genomic level.

Bob Stanley, former CEO of IO Informatics, added, “Personally, and as a member of the new Melissa Informatics team, we’re thrilled to join Melissa Data Corporation. The team is privileged to be able to continue growing our informatics software products and to contribute to health and well-being with a world-class team.”

“Adding IO Informatics’ transformative semantic technology was a natural fit for Melissa with our focus on helping customers solve complex data problems,” said John Melissa, CFO, Melissa Data. “As the quantity and variety of data sources proliferates, we can now transform enterprise data silos into clean, unified and richly connected information for better customer data integration and greater clinical insight.”

300 Equity Group served as the exclusive financial advisor to IO Informatics, working closely with the management team and shareholders throughout the sale process. This included preparation of materials, negotiation and working through the due diligence process to closing.

About Melissa Data

Melissa Data is a leading software company based in Los Angeles, California. The firm provides data quality, integration and address management solutions to clients. Since 1985, over 10,000 companies across the world have used Melissa Data to transform their businesses with trusted, reliable and accurate data solutions. For more information, please visit: http://www.melissa.com/

About 300 Equity Group

300 Equity Group offers sell-side M&A and capital fundraising for technology companies with annual revenues of $1M – $100M. For more information, please visit: http://300equity.com/

Principals of 300 Equity Group are registered and licensed with Burch & Co., member FINRA/SIPC. Securities offered through Burch, an unaffiliated entity with 300 Equity Group.

Contact: sam.keller@300equity.com

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SOURCE 300 Equity Group